UPDATE 1-Ssangyong Motor to invest $168 mln in S.Korea plant

Newswire

(Adds plant completion date in paragraph 4)
SEOUL, July 30 (Reuters) - South Korean sport utility vehicle (SUV) maker Ssangyong Motor Co said on Tuesday it would invest 199.6 billion won ($168.4 million) to build a new engine plant in the southern part of the country.
Ssangyong, one of the nation's smallest automakers which creditors rescued from collapse last year, posted record sales in the first half of this year because of government tax cuts on car purchases and strong demand for ...

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